Taiwan to lead solar PV markets worldwide by 2017

Taiwan is all set to become one of 10 largest solar PV markets worldwide in 2017. The country has envisaged adding around 1.52 GW of PV capacities by 2018 and is likely to achieve a cumulative capacity of 20GW in 2025. If all goes according to plan, the country will join the ranks of Thailand as one of the world´s 10 largest PV markets in 2017 with an annual demand reaching 900 MW. With the global PV demand being almost flat next year, Taiwan is now considered a highly prospective market for major enterprises within the supply chain.